Unemployment rate rise contradicts govt ‘gains’
The Chamber of Commerce’s chief executive yesterday said the increased unemployment rate contradicted the government’s recently-touted economic gains.
Morton Salt union ‘pushed’ into action
THE union representing line staff at Morton Salt yesterday said it has been “pushed” to take strike action after the company made no improvements to its purported counter-offer.
Insurers elect new chairman
The Bahamas Insurance Association (BIA) has elected Warren Rolle as its new chairman and Felicia Knowles as secretary.
‘Hundreds of acres’ for LPIA expansion
Nassau airport’s managers are moving to secure “hundreds of acres” for potential future expansion of its runway and terminal “footprint”, a Cabinet Minister revealed yesterday.
Productivity increase ‘number one priority’
The National Tripartite Council’s “number one priority” is to have draft productivity legislation and standards ready for tabling in Parliament by June, its chairman said yesterday.
Economy faces ‘real climb’ to dent unemployment rate
The Bahamas must see “a real climb in GDP growth” to at least 2.5 percent every year to break the cycle of double digit unemployment rates, a governance reformer warned yesterday.
Portable pensions, redundancy fund under exploration
Portable worker pensions and creating a National Redundancy Fund are among the reforms being eyed by the National Tripartite Committee’s strategic plan, it was revealed yesterday.
‘No one went bust’ from Fyre Festival
Exuma’s Chamber of Commerce president yesterday said he did not know of any Bahamian companies that “went out of business” due to the Fyre Festival fiasco.
Aspiring entrepreneurs rewarded for innovation
Aspiring Eleuthera entrepreneurs have been rewarded for their ideas after participating in the Centre for Training and Innovation’s “The Next Boss” competition.
DNA to govt: ‘Get your act together’
THE Democratic National Alliance (DNA) yesterday urged the government to “get its act together” and either implement a job-creating economic growth strategy or “vacate office”.
Govt hails youth jobless reduction
The Minister of Labour yesterday said the government was “extremely pleased” that youth unemployment appeared to be trending downward based on the latest official data.
New Dasani bottle plants its environmental roots
The Caribbean Bottling Company (CBC) has launched a new environmentally-friendly bottle for its Dasani mineral water range.
Chamber pledges to boost ties with govt over labour
The Minister of Labour and newly-appointed Chamber of Commerce chief executive have both pledged to strengthen their organisations’ partnership for the benefit of workers and businesses alike.
DPM: Politics won’t govern our reforms
The deputy prime minister yesterday conceded that the government will not reap “any immediate political benefits” from much-needed reforms to eliminate structural economic bottlenecks.
Anti-auto dumping initiative ‘can’t price out Bahamians’
Auto industry players yesterday expressed mixed views on the government’s move to protect Bahamian consumers and prevent the country from becoming a wrecked vehicle “dumping ground”.
